Posted: December 6, 2006
Pfizer's failure to launch torcetrapib will have repercussions throughout the industry on many
different levels. As a seminal event, it will rival the withdrawal of Vioxx from the market.
In today's post to Pharma Marketing Blog, I discuss the littany of repercussions this has already
had on Pfizer and the drug industry as well as future repercussions.
It includes one surprisingly frank assessment by a business expert about the "creaky" nature of the
pharmaceutical industry. It can be improved, says this author's report, if the industry focuses on
strengthening its non-blockbuster pipeline and launches an immediate "diplomatic offensive" to win
public opinion. Or something to that effect.
For more on this, see today's post to Pharma Marketing Blog.
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